Form 4: VIAVI Director Sells Shares Under 10b5-1 Plan

VIAVI Solutions Director Richard Belluzzo sold 8,387 shares of common stock for a weighted average price of $12.63 per share under a pre-arranged trading plan.

Summary

• Richard Belluzzo, a Director of VIAVI Solutions Inc., reported a sale of common stock.
• The transaction involved 8,387 shares of VIAV common stock.
• The shares were sold on October 1, 2025, at a weighted average price of $12.63 per share.
• This sale was executed pursuant to a Rule 10b5-1 Stock Trading Plan established on February 4, 2025.
• Following the transaction, Mr. Belluzzo beneficially owns 217,154 shares of VIAV common stock, which includes 83,292 shares held in trust for his family.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a reaction to new material non-public information. This type of transaction is generally considered neutral in terms of company sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as it is a routine, pre-planned insider sale, not indicative of a change in company fundamentals.

Key Dates

Recommendation

The reported transaction is a pre-scheduled sale by a director under a Rule 10b5-1 plan, which is a common practice for managing personal finances and diversifying holdings. It does not reflect a change in the company's fundamental outlook or performance, thus a 'hold' recommendation is appropriate as this event alone does not provide a strong signal for buying or selling.

Keywords

VIAVI Solutions, VIAV, Richard Belluzzo, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan, Equity Transaction